For nearly a decade and a half, I ran a franchising company, which I founded. I took my existing consort and franchised it serving 450 cities, 110 markets in 23 states and four countries. The entire process took about 27 years. I am today retired at age 40 and I hit something to say about the modern-day concern model and how it is being used.

In my instrument the economies of bit that franchising brings should be passed onto the franchisees to support them be more combative and yet it is not. Instead the franchisor soaks it every up, wastes it in inefficiencies and yes it is utilised as profits too and mind you I am not against capitalism and all. I merely pointing out a fact. And every this is done by the Franchisor, while charging the franchisees more for every thing from straws to plastic cups, rather than expiration on the savings of the economies of scale.

I am troubled by this. But that is how the franchising model is being used, meaning the franchisee becomes a locked in client with a 5-year renewable agreement, which changes at each go around. These modern-day concern agreements hit so many stipulations that the model boxes in both parties into a sea of non-competitiveness. Although this is never how I ran my company; Service Sector, no products, I found it alarming.